Get the latest gossip

Meta’s Q3 Pummeled By $16 Billion, One-Time Tax Charge

Meta saw profits sink on a surprise one-time tax charge of $15.9 billion despite reporting solid underlying numbers. Shares tanked.

None

Get the Android app

Or read this on Deadline

Related news:

Meta Aims To Get Geographically Challenged Andrew Tate’s $50M Deplatforming Case Tossed, Moved Out Of L.A.

Motion Picture Association Distances Itself From Instagram’s ‘PG-13’ Content-Blocking Feature for Teens, Says Meta Did Not Contact Trade Group Beforehand

Meta’s Unauthorized AI Chatbots for Taylor Swift, Scarlett Johansson, Anne Hathaway and Others Made ‘Sexual Advances,’ Sent Pics Showing Celebs ‘Dressed in Lingerie,’ Report Says

« ‘SNL’ Promo: Miles Teller, A ‘Cool Pope’ & Competitive Hot Dog Eating

YouTube Q3 Revenue Tops $10B As Alphabet Has Another Big Print »